San Diego proposal

Similar proposals have been floated, quite literally in this case, for San Diego, a city whose international airport has little room left to expand in its current location.

Proposals to build a brand new two-runway international airport in the sea, a few miles off Point Loma have been put forward by two different companies, OceanWorks Development and Float Inc.

Whether it was the $20 billion price tag that proved a bit too expensive, or lingering doubts about the technical feasibility of the concept, the fact is neither project has materialized.

Floating aerotropolis

An artist's rendering of Terry Drinkard's floating airport concept.

Terry Drinkard/Josh Hoffeld

The San Diego projects have some similarities with the floating airport concept devised by Terry Drinkard, an American aeronautical engineer who has conducted extensive research in this field.

His scheme draws heavily from technologies and materials that have already been tested in the construction of deepwater oil rigs.

Drinkard's vision is for a full-fledged offshore "aerotropolis:" a floating structure that, as well as being able to handle medium-sized airliners (of the Boeing 737 or A320 types), would also host a whole range of economic and research activities, from experimentation with renewable energy technology to aquaculture and yachting.

This floating airport would be energy self-sufficient.

Power would be harvested from the waves, from the sun and through ocean thermal energy conversion, a technology that produces electricity by utilizing the temperature differences between depths of seawater.

Its structure would provide a base for oceanographic research and aquaculture and it would also double as a port and recreational marina, while its potential offshore status could attract a host of other economic activities.

Bridging the Atlantic

A more daring version of the concept revives the idea, already put forward by a 1930 article in the magazine Popular Mechanics, of bridging the Atlantic with a chain of such floating airports.

This would enable all sorts of aircraft, including smaller airliners and private jets, to cross the ocean without the need to secure costly ETOPS (extended-range twin-engine operational standards) certification or take the more indirect northern route through Iceland and Newfoundland.

But the most realistic chances for a floating airport might be found in warmer waters.

Commander Bud Slabbaert, aviation consultant and Drinkard's partner in this project, says a small-scale version of the floating airport is currently being evaluated by several governments and infrastructure operators in the Caribbean.

It's a region heavily dependent on air transport where the lack of space is compounded by some of the islands' hilly or mountainous terrain.

Other aviation experts remain a lot more skeptical when consulted about the feasibility of the concept.

R. W. Mann, a consultant and former airline planning executive with several U.S. network airlines, thinks such an project is highly unlikely to get off the ground due to the relatively high cost and limited practical gain.

"Projects that involve building runways on the sea, such as those currently underway in the South China Sea, are driven primarily by non-economic considerations," he says.

Boris Island

It's true that airports are a massive investment -- even more so if they have to be built over water.

So it's no surprise that, despite the concept of a floating airport having being around for a long time, it's failed to come to fruition yet.

Despite decades of increasing air traffic and sprawling urban development across the world, airport relocation is still a rarity -- Hong Kong did it in 1998 and Munich did it in 1992.

In London, the controversy about the future of Heathrow airport, one of the most congested major air hubs anywhere in the world, has been raging on for years.

Some of the most remarkable proposals to sort out London's air capacity problem involve relocation to the Thames Estuary, where the River Thames meets the North Sea.

Renowned architect Norman Foster came up with the concept of a four-runway airport to be built from scratch on the Isle of Grain, a marshy area some 30 miles east of central London.

The project was popularly known as "Boris Island", because former London mayor Boris Johnson was one of its most solid backers, but it was rejected by the UK Airports Commission in 2014.

Six runways for $63 billion

Gensler's proposal for southeast England's airport expansion.

Courtesy Gensler/Testrad

A rather more ambitious proposal was put forward by the architecture firm Gensler and Thames Estuary Research and Development (Testrad), calling for the airport to be built right in the middle of the estuary.

In this vision, a six-runway airport would be built over the waters of the Thames Estuary at a cost of nearly $63 billion.

The runways would stretch parallel to each other on both sides of a central core, where the main terminal would be located.

The airport would be connected to land through underwater tunnels for high-speed rail connections.

The first was a floating structure along the lines of the Tokyo Mega-Float, but the water in that area proved too shallow.

So it opted for a "polder"-like concept, where dykes would be used to delimit the area of the airport and water would then be drained to create a dry, flat surface.

"Although it might sound challenging when compared to building on dry land, by building the airport in a body of water we can get away with the lengthy and costly process of gathering the huge expanse of land you need for a project of this size", says Mulcahey.

He insists the final decision about London airport expansion has not yet been taken.

On June 30, the UK's Transport Secretary Patrick McLoughlin announced that following the UK voting to leave the European Union, such decision-making has been delayed until "at least October."

So while an extra runway at Heathrow and Gatwick is by far the most popular solution being debated, don't write off the Thames estuary gateway just yet.

A question of economics

What decades of studies about the feasibility of the floating airport concept has shown is that its ultimate development and application is not a matter of technology, but of getting the economics right.

The oil industry has demonstrated that when there is a pressing need -- and money to be made -- virtually any obstacle can be pushed aside.

The vast number of oil platforms defying the elements in some of the world's harshest environments are witness to it.

Miquel Ros is an aviation blogger and consultant. An economist by background, he's worked for Flightglobal and Bloomberg. He currently covers the airline industry through Allplane.tv and collaborates with luxury travel website Trovel and other online media.